The Anti-Concepts of Money The cash-value of promoting each of these anti-concepts is that they lead people to think that the central bank should impose a monetary policy. To make our lives better. Our monetary policy is set by the Federal Reserve, which states that in pursuit of its mandate for price stability, it will engineer […]
If you’ve read the Inflation essay from this Anti-Concepts of Money Series we can now discuss the Anti-Concept of Stagflation. The Anti-Concept of Stagflation Stagflation. This is a curious term. Wikipedia’s definition has the tell-tale signs of an anti-concept: “In economics, stagflation or recession-inflation is a situation in which the inflation rate is high, the […]
Last month Monetary Metals CEO Keith Weiner spoke on a panel at the prestigious 2023 Dubai Precious Metals Conference. As the world grapples with record inflation and escalating debt concerns, Keith presented a new narrative for the role of gold in international finance. Ahmed Bin Sulayem, Executive Chairman and CEO of the DMCC covered the conference […]
If you’ve read the Introduction from this Anti-Concepts of Money series we can now discuss the Anti-Concept: GDP The Anti-Concept of GDP Let’s discuss thet anti-concept, Gross Domestic Product or GDP for short. Armed with an understanding of anti-concepts, it should be obvious from one of the ways it’s calculated. From Wikipedia: Y = C […]
Jeff Deist and the Debased guests express their concerns and criticisms regarding the state of the economy under Bidenomics. Warning signs such as an inverted yield curve, declining investment, and excessive government spending are hidden underneath GDP growth and lower inflation. Will Bidenomics steer the economy toward a recovery or into a recession? Connect with […]
If you’ve read the previous essays on Purchasing Power, Inflation, and Money from this Anti-Concepts of Money series we can now discuss the Anti-Concept: Store of Value The Anti-Concept of a Store of Value Another anti-concept is store of value. The very term evokes a picture of a container. You pour water into the container, […]
If you’ve read the previous essays on Purchasing Power, Velocity, and Money from this Anti-Concepts of Money series we can now discuss the Anti-Concept of Inflation The Anti-Concept of Inflation The Anti-Concept of Purchasing Power leads us to the Anti-Concept of Inflation. That pseudo-equation already smuggles that any increase in the quantity of money causes […]
If you’ve read the What Is Money? essay from this Anti-Concepts of Money Series we can now discuss the Anti-Concept “Risk-Free”. The Anti-Concept of Risk-Free Recall, that the anti-concept money is supposed to mean anything used as medium of exchange. But in reality, money is what you hold, when you do not wish to take […]
In the world of finance, something has been haunting economists and investors alike: zombie firms. The Fed has created hordes of zombie firms, with a study in April 2021 finding that over 25% of U.S. companies were zombies in 2020. These undead firms have been sucking the life out of the economy. But things are […]
If you listen to financial pundits talking about the Federal Reserve and the current state of the markets you might hear this term mentioned: “Demand destruction.” What is it? And what does it mean for you and me? We’ll first discuss the mainstream understanding of the concept and then unpack why it’s more nefarious than […]
